Key Market Indicators
Armenian diamond imports are expected to reach 170 million USD by 2026, a 1.2% increase from 2021. In 2021, Armenia was the 21st largest importer of diamonds, behind Germany with 157 million USD. The United States, Belgium and the United Arab Emirates were the top three importers in that order. On the other hand, Armenian diamond exports are projected to drop to 28 million USD by 2026, a 10% decrease from 2021. In 2021, Armenia was the 26th largest exporter of diamonds, behind Brazil with 50 million USD. The United States, Belgium and Israel were the top three exporters in that order.
